Paycheck Protection Program
Chesapeake Bank Business customers:
This program is designed to provide a direct incentive for small businesses to keep their workers on the payroll. The SBA will forgive these loans if your business meets certain requirements. Click the link to learn more.
To help with the calculation of your average monthly payroll, you may want to review this document from the U.S. Chamber of Commerce – click here.
To begin the application process, please complete and submit the form below. One of our lenders will be in touch to take you through the rest of the process. Be prepared with either your most recent federal tax return OR your 2019 940 form for payroll verification. Please, be patient with us through this process. We are expecting large volumes of applications and have put additional teams in place to expedite your applications.